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From wire reports • Thursday May 30, 2013 1:39 AM

WASHINGTON — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges
after regulators said its systems and decisions disrupted Facebook’s public stock offering last
year.

The Securities and Exchange Commission says the penalty is the largest ever imposed against an
exchange.

Nasdaq also has had to pay $62 million in reimbursements to investment firms that lost money
because of the problems.